US and Canadian labor market, sixth month of positive data
The United States and Canada will report the evolution of non-farm payrolls and the variation in the unemployment rate respectively this Friday. The announcement will be at 10.30 am this Friday, Argentine time (GMT -3). November labor market data, released in December, was more disappointing than expected. 200K were added, compared to the expected 500K. […]
Canadian CPI projects pressure on USDCAD.
This Wednesday the Statistics Canada office will publish the Consumer Price Index data for the month of October. The data that will be published, happens after the annual inflation of September had reached 4.4%, marking a maximum in almost two decades. This fact raises expectations in the market about a possible rate hike at the […]
High impact week: US inflation and conflicts between the UK and the EU
The euro and the pound once giving way to sellers. The dollar is preparing to take ground this week although we do not know how long it could last. On Wednesday the 10th and Thursday the 11th, the inflation of the producer and the consumer of the United States respectively is presented. The market anxiously […]
NFP and unemployment: High impact Friday.
The first week of November closes with two high-impact data in the employment sector. The United States and Canada will report the evolution of non-farm payrolls and the change in the unemployment rate respectively. The Fed announced this Wednesday that it will begin to cut its monthly purchases of bonds from November, with the […]
FOMC: Tapering will be defined
The week of great impact begins this Wednesday with the announcement that Fed officials will make after the FOMC meeting. This is the meeting agreed to evaluate the evolution of the economy and the direction of the decisions that will be made for the United States. The event is full of expectations, as they are […]
Tension in Rome between Boris and Macron. Interest rate week.
Leaders of the Group of 20 major economies on Sunday agreed to a final statement calling for “meaningful and effective” measures to limit global warming, but offered few concrete commitments and disappointed climate activists. We expect a market opening with a significant impact on the market. On the one hand we have the conflict between […]
USDCAD prepares for changes in monetary policy
This Wednesday the Statistics Canada office will publish the Consumer Price Index data for the month of September. The data will be published before the decision that the Bank of Canada will take on the current monetary policy on October 27. The entity maintains the purpose of the recovery of the economy through the […]
Lagarde cannot bring relief to the European market
Lagarde’s conclusions in his presentation on Thursday in the framework of the IMF failed to bring out optimism in the international market. The euro reacted slightly bullish on the euro after his speech however it will depend on the buyers next week. Lagarde’s political perspective does not match the logic of the market. Production data […]
The US CPI fell
On Wednesday the Bureau of Employment Statistics of the United States will publish, as every month, the Consumer Price Index of the country. The September data will be known at 9.30 am Argentina (GMT-3). Estimates project that the CPI for the last month remains around 3%, showing a slowdown since June. The global context […]
The American job market recovers. November tapering?
This Friday, the US Bureau of Employment Statistics will release the unemployment rate and nonfarm payrolls. We expect impact with the data that will be available from 9.30AM (GMT-3). It will be the non-farm payroll report before the FOMC meeting on November 2-3. It is expected that at this meeting, they will probably announce the […]